Fewer jobs have been lost in the EU than in the U.S. during the COVID-19 downturn
Roughly 9.6 million U.S. workers lost their jobs during the COVID-19 downturn; only about 2.6 million EU workers lost jobs in this period.
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Roughly 9.6 million U.S. workers lost their jobs during the COVID-19 downturn; only about 2.6 million EU workers lost jobs in this period.
Here’s how the COVID-19 recession is affecting labor force participation and unemployment among American workers a year after its onset.
Union membership has had a somewhat unexpected – but likely temporary – turnaround amid the coronavirus pandemic.
The course of the pandemic in India and China will have a substantial effect on changes in the distribution of income at the global level.
The global middle class consisted of 54 million fewer people in 2020 than the number projected prior to the onset of the pandemic.
About four-in-ten unemployed workers had been out of work for more than six months in February 2021, about double the share in February 2020.
The number of American homeowners increased by an estimated 2.1 million over the past year, according to the Census Bureau.
About a year since the coronavirus recession began, there are some signs of improvement in the U.S. labor market, and Americans are feeling somewhat better about their personal finances than they were early in the pandemic.
The biggest takeaway may be the extent to which the decidedly nonpartisan virus met with an increasingly partisan response.
The outbreak has dramatically changed Americans’ lives and relationships over the past year. We asked people to tell us about their experiences – good and bad – in living through this moment in history.
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